SOLD
Sold on 03 May 2024 for $870,000

209-211 Draper Street
Parramatta Park QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 810m2
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Property Details for 209-211 Draper St, Parramatta Park

Building Type
Commercial
Land Size
810m2
Local Government
Cairns Regional
Lot/Plan
7/RP706735

Last Listing description (November 2023)

Unique opportunity for a city fringe highset Queenslander that is operating as professional offices with two street frontages of Draper and Robb Streets. The land size is 810 sqm which is a double block size for Parramatta Park with access behind for onsite car parking.

The property has extensive office fitout in place upstairs including reception, boardroom and a number of offices plus ample lockable storage areas below. There is also potential to further develop the site.


* City fringe location with two street frontages
* Land area 810 sqm
* Impressive Queenslander converted into offices comprising of a reception/waiting room area, boardroom, kitchen, two sets of toilet amenities, number of offices plus open plan areas with plenty of natural light throughout
* Front and rear access plus large enclosed storage areas below plus a separate standalone storage area fronting Robb Street laneway
* Solar panels on the roof
* Onsite parking via Robb Street

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Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.

Knight Frank Cairns has been successfully operating for over 33 years and incorporates three departments into the one office; a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.

Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.

Property History for 209-211 Draper St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$870,000
03 May 2024
  • 03 May 2024
    Sold for $870,000
  • 08 Nov 2023
    Listed for Sale Contact Agent
  • 13 Jul 2007
    Sold for $670,000
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About Parramatta Park 4870

The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of total area. The population of Parramatta Park in 2011 was 3,226 people. By 2016 the population was 3,515 showing a population growth of 9.0% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation. In 2011, 29.4% of the homes in Parramatta Park were owner-occupied compared with 29.8% in 2016.

Parramatta Park has 1,924 properties. Over the last 5 years, Houses in Parramatta Park have seen a 41.21% increase in median value, while Units have seen a 65.86% increase. As at 31 October 2024:

  • The median value for Houses in Parramatta Park is $583,677 while the median value for Units is $406,749.
  • Houses have a median rent of $500 while Units have a median rent of $435.
There are currently 39 properties listed for sale, and 12 properties listed for rent in Parramatta park on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Parramatta park.

Suburb Insights for Parramatta Park 4870

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.